FDM 0.00% 1.1¢ freedom oil and gas ltd

placement, page-5

  1. 8,904 Posts.
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    I would not be overly concerned at those levels J. details should be standard.

    In any case funding comes on the balance sheet so CRs are a neutral event, its the purpose that's important here.

    If it was to prop up the co in times of need then it is a devaluation to SH, if it is for an expansion that brings revenue in a foreseeable timeline it is a SH benifit.

    If you didn't see this coming in light of management anns and the trading pattern, I can't help you. But don't fall for that CRs are co killers a myth, they are co nutral its what mgmt do with the reddies that counts to value growth...
 
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